TrueBlue Announces Sale of PeopleReady’s Canadian Staffing Business
21 Février 2024 - 2:00PM
Business Wire
Enables greater focus on core operations and
growth opportunities in U.S. staffing and global RPO
TrueBlue (NYSE: TBI), a leading provider of specialized
workforce solutions, today announced that it has reached a
definitive agreement to sell its PeopleReady Canadian staffing
business to Vertical Staffing Resources. Financial terms of the
transaction were not disclosed. The transaction is expected to
close in the first quarter, subject to customary closing
conditions.
“This sale allows us to most effectively leverage our resources
to maximize value and further sharpen our focus on core operations,
including the many compelling and profitable growth opportunities
we see in the U.S. staffing and global RPO markets,” said Taryn
Owen, President and CEO of TrueBlue. “We are confident that
Vertical Staffing Resources will be a great fit for our PeopleReady
Canadian staffing business and are working closely with the
Vertical team to ensure a seamless transition.”
TrueBlue will continue to serve Canada through its Staff
Management | SMX and PeopleScout brands.
About TrueBlue
TrueBlue (NYSE: TBI) is a leading provider of specialized
workforce solutions that help clients achieve business growth and
improve productivity. In 2022, TrueBlue served 84,000 clients and
connected approximately 611,000 people to work. Its PeopleReady
segment offers on-demand, industrial staffing; PeopleManagement
offers contingent, on-site industrial staffing and commercial
driver services; and PeopleScout offers recruitment process
outsourcing (RPO) and managed service provider (MSP) solutions to a
wide variety of industries. Learn more at www.trueblue.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240221910717/en/
Investor Relations Contact InvestorRelations@TrueBlue.com
Press Contact Taylor Winchell Senior Manager, External
Communications PR@TrueBlue.com 253-680-8291
TrueBlue (NYSE:TBI)
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